All posts tagged: Piyush Goyal

Sergio Gor calls India-US trade talks report 'fake', says talks continue

Sergio Gor calls India-US trade talks report 'fake', says talks continue

Published by Webster

US Ambassador to India Sergio Gor on Monday dismissed a media report claiming that India had rejected a quick trade agreement with the United States, asserting that negotiations between the two countries remain active and constructive. The remarks came after a Reuters report suggested that India had declined to move forward with a fast-tracked trade deal during recent discussions with the US. Both Indian and US officials have rejected the claim, saying negotiations are continuing. Sergio Gor calls report ‘fake news’ Responding to the report, Gor took to social media platform X and said the information published by Reuters was inaccurate. “Fake news alert! No one has rejected anything. Both sides had very constructive meetings and reaffirmed their commitment to finalising a trade deal. We continue to stay actively engaged. Reuters – you can do better!” Gor posted on social media platform X. Fake news alert! No one has rejected anything. Both sides had very constructive meetings and reaffirmed their commitment to finalizing a trade deal. We continue to stay actively engaged. Reuters – you …

UPI goes live in Greece, boosting India’s global digital payments footprint

UPI goes live in Greece, boosting India’s global digital payments footprint

Published by Webster

Commerce and Industry Minister Piyush Goyal on Tuesday said that with the Unified Payments Interface (UPI) now live in Greece, eligible customers can transfer money instantly, securely, and seamlessly. The Union Minister, while speaking about the introduction of UPI in Greece, also said that with this move, transaction costs were reduced drastically to a fraction of conventional transfer costs.  Highlighting the increasing global acceptance and appreciation of UPI, Piyush Goyal, while taking to social media handle X, said, “Reflect the trust in Prime Minister Narendra Modi’s vision of building technology-led solutions that create value beyond borders and deepen partnerships for shared growth and prosperity.”  Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Piyush Goyal to visit UK ahead of July 15 deadline to implement trade pact

Piyush Goyal to visit UK ahead of July 15 deadline to implement trade pact

Published by Parlour News

Union commerce minister Piyush Goyal to visit the United Kingdom between June 25 and 27 ahead of the July 15 deadline for the operationalisation of the India-UK Comprehensive Economic and Trade Agreement (CETA), according to a government statement. Union commerce minister Piyush Goyal to visit the United Kingdom between June 25 and 27 During the visit, Goyal will hold a high-level bilateral meeting with his British counterpart, Peter Kyle. “The engagement marks an important step towards the operationalisation of the agreements and the strengthening of the economic partnership between the two countries,” it said. The bilateral meeting will focus on aligning regulatory roadmaps, streamlining cross-border customs coordination, and finalising administrative mechanisms to facilitate the smooth implementation of CETA and the Double Contribution Convention (DCC). In a rebalancing exercise, London extended the exemption from social security contributions for Indian professionals in the UK from three years to five years. DCC is a reciprocal arrangement. During the meetings, the two ministers will review preparedness for the implementation of CETA’s tariff liberalisation commitments, which will provide enhanced market …

India, US intensify trade talks ahead of July tariff deadline

India, US intensify trade talks ahead of July tariff deadline

Published by Webster

India and the United States opened high-level trade talks on Tuesday aimed at salvaging and recalibrating a proposed bilateral trade agreement after changes in US tariff policy upended a framework negotiated earlier this year. Commerce and Industry Minister Piyush Goyal met US Trade Representative Jamieson Greer here as both sides sought to conclude an interim trade pact before July 24, when Washington’s temporary 10 per cent tariff on imports from trading partners is due to expire. The talks are focused on reworking a framework agreement announced in February that was built around tariff commitments later rendered uncertain by a US Supreme Court ruling striking down sweeping tariffs announced by US President Donald Trump. Under the February framework, the US had agreed to reduce tariffs on Indian goods to 18 per cent, lower than duties facing several competing exporters.   However, the subsequent court ruling and Washington’s decision to impose a temporary 10 per cent tariff on imports from all countries have forced both sides to revisit key elements of the arrangement. On June 17, US …

‘All major points settled’: First tranche of India-US trade deal soon, says Piyush Goyal

‘All major points settled’: First tranche of India-US trade deal soon, says Piyush Goyal

Published by Parlour News

Union minister for commerce and industry, Piyush Goyal, on Monday, stated that the first tranche of the bilateral trade deal between India and the United States will be signed soon. Speaking at a press conference, the BJP leader added that all major points have been settled between the delegations. Piyush Goyal further added that the tariff structure between India and the US will be finalised in the deal. (REUTERS) “The leaders of both nations had already announced the framework agreement back on February 3rd. All the major points have been settled. US Ambassador to India, Sergio Gor, recently stated that 99% of the details have been finalised… I am fully confident that we will conclude the first tranche of the bilateral trade agreement with the US as soon as possible,” said Goyal. Goyal’s remarks come amid fresh talks between Indian and American delegations. A team from the US will arrive in India to finalise the framework of the trade deal. As per the union minister, the meetings between both delegations will be held from June …

Piyush Goyal bets big on Indian financial sector reforms, ease of doing business

Piyush Goyal bets big on Indian financial sector reforms, ease of doing business

Published by Webster

Piyush Goyal held talks with Canadian investors, pension funds and business leaders to promote India’s investment opportunities driven by infrastructure growth, financial reforms, and ease of doing business. Discussions focused on clean energy, AI, manufacturing, financial services, and critical minerals partnerships Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

India-NZ free trade pact offers duty-free access, phased tariff cuts and USD 20 billion investment commitment

India-NZ free trade pact offers duty-free access, phased tariff cuts and USD 20 billion investment commitment

Published by Webster

India and New Zealand on Monday inked a Free Trade Agreement (FTA), aimed at boosting two-way commerce and investments. The pact was signed by Commerce and Industry Minister Piyush Goyal and visiting New Zealand’s Trade and Investment Minister Todd McClay. The FTA provides duty-free access for 100 per cent of India’s exports to New Zealand, covering all tariff lines or produce categories. India has offered tariff liberalisation on 70.03 per cent of tariff lines covering 95 per cent of bilateral trade value, while keeping 29.97 per cent of tariff lines excluded to protect sensitive sectors. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

No woman will be happy with DMK, Congress: Piyush Goyal

No woman will be happy with DMK, Congress: Piyush Goyal

Published by Parlour News

Piyush Goyal, Union Minister of Commerce and Industry. | Photo Credit: R. RAGU Union Minister for Commerce and Industries Piyush Goyal on Sunday said that no woman would be happy with the DMK-Congress’ decision to defeat the women’s reservation Bill and the DMK continued to divide India. Speaking to reporters here, Mr. Goyal said the fake narrative of the DMK and Congress was busted by Union Home Minister Amit Shah on the floor of Parliament, when he offered to include 50% increase in the number of seats in the State. Published – April 20, 2026 12:19 am IST Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

India’s negotiating team to visit Washington next week as US readies new global tariffs | Business News

India’s negotiating team to visit Washington next week as US readies new global tariffs | Business News

Published by Parlour News

2 min readNew DelhiApr 16, 2026 01:36 AM IST A month after the US launched two Section 301(b) investigations under the Trade Act of 1974 against scores of countries, including India, negotiators from the Commerce and Industry Ministry are set to reach Washington on April 20 for trade deal talks. The upcoming round of negotiations have come up at a time when the US could be working on a new tariff architecture to replace reciprocal tariffs, which were struck down by the US Supreme Court in February. “The Indian team, led by the Chief negotiator [Darpan Jain], will be visiting the US from April 20. The negotiating teams will be meeting in person after a gap of about 3–4 months. They have been engaging virtually in the meantime. We are looking at finalising the legal agreement, which is a logical follow-up to the joint statement released on February 7. There is a need for further discussions and follow-up engagement to take this forward,” Commerce Secretary Rajesh Agarwal said. “The US has initiated investigations involving several …